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HEALTH CARE REFORM

 

 March 23, 2010

 

On Sunday, March 21, 2010, the U.S. House of Representatives passed the Senate healthcare reform bill, as well as the reconciliation language that made changes to that healthcare reform bill. Now that the Senate healthcare bill has been passed by both the House and Senate, it will become law as soon as it is signed by President Obama.

 

The next step is for the Senate to take up the "fixer" reconciliation language (bill ), which will begin this week. The passage of the reconciliation bill in the Senate could be completed as early as this week, or it could last for weeks or months. We will keep you informed of new developments.


In the meantime, we want to provide further insight into what is in the Senate bill now, and have provided the following sided by side comparison of provisions in both bills:

Effects on Employers

Summary of Health Care Reform Reconcililation

 

Again, subject to what happens in the Senate with the reconciliation bill, there may be some changes in the Senate bill timeline based on what is included in the final reconciliation language.

 

Below is a brief summary of some specific provisions of the reconciliation bill:

  • FSAs: Delays the effective date of the $2,500 cap on contributions to flexible spending accounts (FSAs) from January 2011 to January 2013. 
    • No changes to the Over-the-Counter (OTC) provisions included in the Senate bill
  • High-Cost Plan Excise Tax: Delays high-cost plan excise tax until 2018.
    • Increases the thresholds for single and family coverage to $10,200 for single coverage and $27,500 for family coverage
    • Excludes stand-alone dental and vision plan
  • Medicare Part D: $250 "rebate" for all Medicare Part D enrollees who enter the "doughnut hole" coverage gap in 2010
  • Penalties: Reduced the flat penalty for individuals who opt not to buy health coverage

 

Take Action

We strongly encourage you to voice your opinion on healthcare reform!
Click here to locate and contact your State Represenative or Senator today! 
 

 

Quick Links:

Calculating the Small Business Tax Credit:
An Excel Spreadsheet

Technical Explanation Of The Revenue Provisioins Of The "Reconciliation Act Of 2010," As Amended, In Combination with The "Patient Protection And Affordable Care Act":
The Joint Committee On Taxation| Congress of the United States | March 21, 2010

How Different Households will be affected by Health Care Overhaul:
New York Times | March 24, 2010

What's Next?:
By CBS | March 22, 2010

Effects on Employers

Summary of Health Care Reform Reconcililation

 

The President's Proposal:
http://www.whitehouse.gov/health-care-meeting

 

Deal cut to tax 'Cadillac' Plans:
By Jant Hook and Noam N. Levey | Tribune Newspapers | Friday, January 15, 2010

 

What Health-Care Reform Will Mean for You:
By Mary Carmichael | Newsweek Web Exclusive | Tuesday, December 29th, 2009

 

 


SENATE
dpc_logo
Click on Image Above to link to Democratic Policy Committee Health Care Reform Website


HOUSE
House
Click on Image Above to link to Commitee on Ways and Means Health Care Reform Website

(H.R. 4872) The Health Care & Education Affordability Reconcilliation Act of 2010

(H.R. 3962) Affordable Health Care for America Act

Summary

 

Visit the Democratic Website
Visit the Republican Website

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